BENEFITS OF LEASING
We recognize that each business is unique. Whether you are an established business or new start-up, equipment leasing provides you a cost-effective alternative to buying the assets needed to operate your business.
The NewCap Way
24 HOUR APPROVALS
Banks and institutional lenders require extensive paperwork before approving an application. We can process your application and provide an approval in as little as 24 hours.
TAX ADVANTAGES
Equipment leasing can provide very advantageous tax benefits. In addition, it allows you to spread out the sales tax over your term instead of paying it upfront.
PRESERVATION OF CASH AND CREDIT LINES
Your company can preserve its capital and borrowing power. This frees up working capital for day-to-day expenses and does not affect your existing credit lines since no cash is being borrowed.
FLEXIBLE PAYMENT OPTIONS
Several different payment options allows your company to effectively control and predict future cash flow. If you don’t see one that fits your businesses needs, contact us and we can work to customize your payments.
HIGH APPROVAL RATES
Our high approval rate and specialization in the start up and hospitality industry allow us to work with businesses facing credit issues or those who may not have a strong credit history.